Live Oak Investment Partners Makes New Investment in The Walt Disney Company $DIS

Live Oak Investment Partners purchased a new stake in shares of The Walt Disney Company (NYSE:DIS) during the 3rd quarter, HoldingsChannel.com reports. The fund purchased 8,642 shares of the entertainment giant’s stock, valued at approximately $990,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in DIS. Kondo Wealth Advisors Inc. increased its position in Walt Disney by 1.2% during the 2nd quarter. Kondo Wealth Advisors Inc. now owns 7,317 shares of the entertainment giant’s stock valued at $904,000 after purchasing an additional 84 shares during the period. Cornerstone Advisory LLC boosted its stake in shares of Walt Disney by 1.5% during the second quarter. Cornerstone Advisory LLC now owns 5,890 shares of the entertainment giant’s stock valued at $730,000 after purchasing an additional 86 shares in the last quarter. Childress Capital Advisors LLC increased its holdings in Walt Disney by 3.3% during the second quarter. Childress Capital Advisors LLC now owns 2,749 shares of the entertainment giant’s stock valued at $341,000 after buying an additional 87 shares during the period. Apollon Financial LLC increased its holdings in Walt Disney by 1.5% during the second quarter. Apollon Financial LLC now owns 6,086 shares of the entertainment giant’s stock valued at $755,000 after buying an additional 87 shares during the period. Finally, Strategic Family Wealth Counselors L.L.C. raised its stake in Walt Disney by 1.0% in the second quarter. Strategic Family Wealth Counselors L.L.C. now owns 8,586 shares of the entertainment giant’s stock worth $1,065,000 after buying an additional 87 shares in the last quarter. 65.71% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on DIS. Wells Fargo & Company dropped their target price on Walt Disney from $159.00 to $152.00 and set an “overweight” rating on the stock in a research report on Friday, November 14th. Needham & Company LLC restated a “buy” rating and set a $125.00 price objective on shares of Walt Disney in a research note on Thursday, November 13th. Phillip Securities raised Walt Disney to a “moderate buy” rating in a research report on Monday, January 12th. KeyCorp reiterated a “sector weight” rating on shares of Walt Disney in a research note on Friday, November 14th. Finally, Jefferies Financial Group decreased their price target on shares of Walt Disney from $144.00 to $136.00 and set a “buy” rating for the company in a research report on Friday, November 14th. Nineteen analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Walt Disney presently has a consensus rating of “Moderate Buy” and an average target price of $135.20.

Walt Disney Stock Down 1.8%

Shares of DIS stock opened at $111.35 on Tuesday. The stock’s fifty day moving average price is $109.98 and its 200 day moving average price is $113.73. The Walt Disney Company has a 1-year low of $80.10 and a 1-year high of $124.69. The company has a market cap of $198.79 billion, a price-to-earnings ratio of 16.23, a price-to-earnings-growth ratio of 1.55 and a beta of 1.44. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.71 and a quick ratio of 0.65.

Walt Disney (NYSE:DIS) last released its quarterly earnings results on Thursday, November 13th. The entertainment giant reported $1.11 EPS for the quarter, beating analysts’ consensus estimates of $1.03 by $0.08. Walt Disney had a return on equity of 9.37% and a net margin of 13.14%.The company had revenue of $22.46 billion during the quarter, compared to analysts’ expectations of $22.78 billion. During the same period last year, the business posted $1.14 earnings per share. The firm’s revenue was down .5% compared to the same quarter last year. On average, research analysts expect that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

Walt Disney Dividend Announcement

The business also recently announced a dividend, which will be paid on Wednesday, July 22nd. Investors of record on Tuesday, June 30th will be paid a $0.75 dividend. The ex-dividend date is Tuesday, June 30th. This represents a yield of 139.0%. Walt Disney’s dividend payout ratio (DPR) is 21.87%.

About Walt Disney

The Walt Disney Company (NYSE: DIS), commonly known as Disney, is a diversified global entertainment and media conglomerate headquartered in Burbank, California. Founded in 1923 by Walt and Roy O. Disney, the company grew from an animation studio into a multi‑national entertainment enterprise known for iconic intellectual property and family‑oriented storytelling. Disney’s operations span film and television production, streaming services, theme parks and resorts, consumer products, and live entertainment.

On the content side, Disney produces and distributes feature films and television programming through a portfolio of studios and labels that includes Walt Disney Pictures, Pixar, Marvel Studios, Lucasfilm and 20th Century Studios, along with broadcast and cable networks such as ABC, FX and National Geographic.